Forecast errors for inflation decline monotonically with both verbal and quantitative IQ in a large and representative … male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the median …' knowledge of the concept of inflation is low; they associate inflation with concrete goods and services instead of abstract …

) display 50% lower forecast errors for inflation than other men. The inflation expectations and perceptions of high-IQ men, but … values. In terms of choice, only high-IQ men increase their propensity to consume when expecting higher inflation as the …

) - do not change their consumption propensities with their inflation expectations. Low-IQ men are also less than half as …

Forecast errors for inflation decline monotonically with both verbal and quantitative IQ in a large and representative … male population. Within individuals, inflation expectations and perceptions are autocorrelated only for men above the …-IQ individuals' knowledge of the concept of inflation is low; they associate inflation with concrete goods and services instead of …